Your SlideShare is downloading. ×
Money pad ppt
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Money pad ppt


Published on

Published in: Economy & Finance, Technology
No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. Welcome
    Money pad
    March 2, 2011
    Sample footer
  • 2. Introduction:
    March 2, 2011
    Sample footer
    The 21st century will be paperless paper currency and checks are gradually being substituted by smartcards, digital cash and inst
    ant transfers of funds.
    The wallet of the future will hold less paper cash, coins and magnetic stripe cards. It will hold instead Money pad containing Digital
    cash and other financial information, updated – perhaps Automatically
    by a PDA With a satellite communication link.
  • 3. March 2, 2011
    Sample footer
    Key words :
    • Money pad
    • 4. Digital or electronic cash
    • 5. Personal digital Assistance
    • 6. Biometrics Technology
    • 7. Finger Print Reader
    • 8. Float
    • 9. Fiat Money
    • 10. Specie-Backed
    • 11. Legitimate
  • Use the present system :
    March 2, 2011
    Sample footer
    • Credit Card :
    Credit cards are payment devices that allow the consumer to make purchases within guarantied limits as defined by the issuer of the card.
    Dis-advantages :
    Instant clearing of fund is not possible.
    User is always under the pressure of limits on
    purchase defined by the issuer of the card and
    also every transaction involves certain charges.
    Insecure transactions using fixed encryption.
    The card has to be renewed once it is expired.
  • 12. March 2, 2011
    Sample footer
    • Smart cards :
    Common smart card chips typically holds about 8,000 bytes of information.
    Dis-advantages :
    • Insecure transactions using fixed encryption.
    • 13. Risk of data loss due to chip failure.
    write protect Nah
    Magnetic disk
    Space for read/write
    Touch sensor
    Outer cover
    Central hub
    A money pad
  • 14. March 2, 2011
    Sample footer
    Operations of money pad:
    • Design of the system :
    • 15. Process in request of money pad.
    New user
    Enter an e-book
    Request for money pad
    Creates the details of the new user and his finger print record
  • 16. March 2, 2011
    Sample footer
    Transaction using money pad:
    A user wants to use the money pad he has to place his finger on the touch sensor and then place it in a finger print reader. The reader will ask
    for bank code of the database. Then he can enter into his e-bank, After the reader will access the finger print.
    General information
    of user
    Information collected in passed To the server for
  • 17. March 2, 2011
    Sample footer
    Technical implementation of money pad:
    The money pad uses the Biometric Technology as the technique with which the security is provided. Biometric Technology are used to accurately
    identify and verify an individuals identity.
    The accuracy of any biometric system is measured in two ways :
    • False Acceptable Rate – where an imposter is accepted as a match.
    • 18. False Rejection Rate – where a legitimate match is denied access.
  • March 2, 2011
    Sample footer
    Applications of money pad:
    • Applicable in e-banks and in any kind of e-transactions
    The money pad device is capable of carrying digi-cash and it is
    useful to perform any kind of e-banking or any kind of e-transaction.
    • Can be used to carry out remote transactions
    To perform remote transaction like e-payments, digi-cash
    transfer etc.,
    • Useful to carry Digital cash
    The Money pad provides a secure means to carry digi-cash.
    • Utilization of personal data in filling order forms
    The personal data stored in the money pad can be used to fill
    order forms thus savings users time.
    • Applicable in m-commerce transactions
    It is applicable to any kinds of ecommerce transactions.
  • 19. March 2, 2011
    Sample footer
    • Applicable in daily life.
    It is useful in shopping, identification, telephone services and
    licenses . It is applicable in daily life.
    The following three requirements are necessary:
    Instant clearing of funds
    Elimination of payment risk
    Secure transactions using strong encryption
    In future when internet is going to capture the world there is no requirement of any card or pad just a small device which can recognize the finger print can be attached at any place throughout the world.
  • 20. March 2, 2011
    Sample footer
    Thank you